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Daily Scoop 5-25
๐ Your Tuesday Scoops
Today's Scoop: Abyss
Talking points
Home prices continue to rise.The Central Bank isn't worried about inflation.Companies are trying to improve diversity & inclusion.
The Market: โฌ๏ธ-0.2%
S&P 500: 4,188.13
With all of the quarterly corporate financial reports behind us, weโre now entering the mid-quarter data drought. Markets drifted lower, after drifting higher yesterday. Housing prices keep rising. The Federal Reserve still has no fear of inflation.
Company Headlines (Click to Vote)
Salesforce's culture questionedAmazon gets biggerSnapchat's new realityNetflix's surprising shiftSquare crosses the line
CLICK THE LINK BELOW TO... * Read these headlines ** Evaluate their impact ** See how others feel *
๐ค
Reminder...
The Federal Reserve, aka the Central Bank, controls the whole money system. If the economy needs to grow, they open the money spigot to fuel spending and lending. When the economy runs too hot, they slow things down. Inflation spiking too quickly is a sign of an economy overheating, so they watch that closely.
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